I think Absentee Landlord is one of the easiest ways to lose money for the individual investor.

It is all about your comfort level, but for me and many others on here they will note your better off investing that money in a deal and learning that way then spending large sums of money on gurus.

Most hard money/DSCR lenders don't lend in South Dakota, so I can foresee a low closure rate on deals since financing will be difficult to get.

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Hi John-Thanks for sharing this list of Top 10 Real Estate Markets for Cash Flow in 2024.I too found it interesting to see Flint, MI on the list but as a graduate of the University of Michigan-Flint and Mott Community College in Flint and I am back there often enough to say Flint has done a lot to develop itself and a lot of money has been poured into Flint after the water crisis.I say good for Flint.

The architect will have a structural engineer they usually use, you can go ahead and use that person or someone else.After that is done, have your architect draft a bid form/template. 

My personal advice is cut your losses and move on. 

here's what i personally am doing.  2 things.1. i will BRRRR something that breaks even on rent IF i can force a huge gain in equity.  2. i'm looking for seller finance deals. 

You have to treat the animal like a wheelchair for a handicapped person.

So I paid a tax pro to do my return, first year was fine, this year she took my money and ghosted me.